More Questions on Indian Economy
- Q. In India, the first bank of limited liability managed by Indians and founded in 1881 was
A)Oudh Commercial Bank
B)Hindustan Commercial Bank
C)Punjab National Bank
D)Punjab and Sind Bank
Answer: Oudh Commercial Bank
- Q. The first Apparel Park in India has been established in:
A)Tirupur (Tamil Nadu)
B)Punalur (Kerala)
C)Both A and B
D)None of the above
Answer: Tirupur (Tamil Nadu)
- Q. One of the reasons for India’s occupational structure remaining more or less the same over the years has been that
A)productivity in agriculture has been high enough to induce people to stay with agriculture
B)investment pattern has been directed towards capital intensive industries
C)ceiling on land holdings have enabled more people to own land and hence their preference to stay wit
D)people are largely unaware of the significance of transition from agriculture to industry for econom
Answer: investment pattern has been directed towards capital intensive industries
- Q. The Money Order system in India was introduced in the year :
A)1880
B)1882
C)1999
D)1904
Answer: 1880
- Q. Which of the following is the most appropriate cause of export surplus?
A)Country's stringent import policy
B)Developments in national and international markets
C)Country's exports promotion value
D)None of the above
Answer: Developments in national and international markets
- Q. The largest producer of Coffee in the country is:
A)Tamil Nadu
B)Andhra Pradesh
C)Kerala
D)Karnataka
Answer: Karnataka
- Q. The budget deficit means
A)difference between revenue receipts and revenue expenditure
B)difference between all receipts and all the expenditure
C)the excess of total expenditure, including loans, net of lending over revenue receipts
D)fiscal deficit less interest payments
Answer: difference between all receipts and all the expenditure
- Q. The programme which was launched in 1974-75 with the main objectives of improving the utilization of created irrigation potential is:
A)Cordial Area Development
B)Command Area Development (CAD)
C)Copper Area Development
D)Cop Authority Development
Answer: Command Area Development (CAD)
- Q. In India, rural incomes are generally lower than the urban incomes, which of the following reasons account for this? I=A large number of farmers are illiterate and know little about scientific agricultureII=Prices of primary products are lower than those of manufactured products III=Investment in agriculture has been low when compared to investment in industry
A)I, II
B)I, III
C)I, II, III
D)II, III
Answer: I, II, III
- Q. The first wholly Indian Bank was set up in
A)1894
B)1896
C)1794
D)1902
Answer: 1894
- Q. The Twenty Point programme (TPP) conceived with the objective of improving quality of life of people was first initiated in:
A)1986
B)2006
C)1982
D)1975
Answer: 1975
- Q. National Income estimates in India is prepared by:
A)Reserve Bank Of India
B)Planning Commission
C)Central Statistical Organisation (CSO)
D)Indian Statistical Institute
Answer: Central Statistical Organisation (CSO)
- Q. The first fully Indian Bank is:
A)Central Bank of India
B)Canara Bank
C)Punjab National Bank
D)State Bank of India
Answer: Punjab National Bank
- Q. In India, inflation measured by the
A)Consumers Price Index for urban non-manual workers
B)Consumers Price Index for agricultural workers
C)Wholesale Price Index number
D)National Income Deflation
Answer: Wholesale Price Index number
- Q. The Ex-Officio Secretary of National Development Council is:
A)General Secretary of Lok Sabha
B)Secretary of Planning Commission
C)Secretary of Finance Ministry
D)Vice Chairman of Planning Commission
Answer: Secretary of Planning Commission
- Q. National Agricultural Insurance Scheme replacing Comprehensive Crop Insurance Scheme was introduced in the year
A)1998
B)1999
C)1997
D)2000
Answer: 1999
- Q. Which state of India ranks first in milk production as per the data of the year 2009-10?
A)Jharkhand
B)Uttar Pradesh
C)Bihar
D)West Bengal
Answer: Uttar Pradesh
- Q. The annual yield from which of the following Union Government taxes is the highest?
A)Corporation tax and income tax
B)Custom duties
C)Inheritance tax, wealth tax, interest tax and gift tax
D)Excise duties
Answer: Excise duties
- Q. The share of road transport in total transportation of the country is:
A)70%
B)60%
C)75%
D)80%
Answer: 80%
- Q. If all the banks in an economy are nationalized and converted into a monopoly bank, the total deposits
A)will increase
B)will decrease
C)will neither increase nor decrease
D)None of the above
Answer: will neither increase nor decrease
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